The Budget 2025 has raised the threshold of rebate available under Section 87A from Rs 25,000 to Rs 60,000. The basic income ...

It is important to note that this zero tax liability only pertains to the new tax regime that has been in place as the ...

Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

Introduced in Budget 2022, the ITR-U or Updated Income Tax Return is the form that allows you to rectify errors or omissions ...

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...

Picking the correct Income Tax Return form is key. Salaried folks making up to ₹50 lakh a year can use ITR-1. This includes ...

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

According to the new Bill, the due date for filing returns by company, and person (whose accounts are required to be audited) ...

The deadline for filing income tax is a critical factor in tax compliance for all taxpayers. Presently, there are varying ...

According to an expert, if all details are correct and no notices are pending, but the refund is still not received, contact ...